Articles Tagged with ''acquisitions''

Inspire Brands, Inc. and Dunkin’ Brands Group, Inc., parent company of Dunkin’ and Baskin-Robbins, announced that they have entered into a definitive merger agreement under which Inspire will acquire Dunkin’ Brands for $106.50 per share in cash in a transaction valued at approximately $11.3 billion including the assumption of Dunkin’ Brands’ debt.

Ingredion Incorporated, a global provider of ingredient solutions to the food and beverage manufacturing industry, announced that it has signed an agreement with James Cameron and Suzy Amis Cameron to acquire the remaining portion of ownership in Verdient Foods Inc. that the company did not already own.

Nestlé announced that it has acquired Freshly, one of the leading fresh-prepared meal delivery services in the US The deal values Freshly at $950 million, with potential earn-outs up to $550 million contingent to the successful growth of the business. This transaction was signed and closed on Oct. 30, 2020.

B&G Foods, Inc. announced that it has entered into an agreement to acquire the iconic Crisco brand of oils and shortening from The J.M. Smucker Co. for approximately $550 million in cash, subject to a post-closing inventory adjustment.

The acquisition will expand ICL's specialty plant nutrition product portfolio and significantly enhance its customer base and on-ground presence across agriculture regions in Brazil, one of the world's fastest growing agriculture markets. Fertiláqua had been previously controlled by Aqua Capital, a leading ag and food private equity firm.  

Kainos Capital, a private equity firm focused exclusively on the food and consumer industry, announced that it has agreed to acquire Nutrisystem, the preeminent direct-to-consumer nutrition and weight management brand, from Tivity Health for $575 million.

The acquisition will expand RPI's existing portfolio of research, development, and manufacturing companies in the health and wellness industry into functional foods' burgeoning market. A growing $9.6 billion category in 2019, consumers are increasingly choosing bars for snacking, meal replacement, energy, and healthy treats.

Chr. Hansen Holding A/S and the EQT IX fund announced that EQT has agreed to acquire the Natural Colors Division, a subsidiary of Chr. Hansen, the global bioscience leader and developer of natural solutions for the food, nutritional, pharmaceutical and agricultural industries. The purchase price amounts to EUR 800 million.

An affiliate of Peak Rock Capital, a leading middle-market private investment firm, announced that it has completed its acquisition of Halo Foods Ltd. in partnership with the management team of Halo.